Bitcoin is on the Verge To Slice Through $30,000

[Baofeng]

Bitcoin price is already slide down below 17K below which totally erased those gains from relief last few days. The weekly candle will close again in red which means more red days to come on the following weeks.

I also believe bitcoin will fall even more before the end of the year and the $30k prediction will never come true. Not only the economic situation is still difficult, but even the market is facing a lot of unfavorable information, so it is not possible to expect the bitcoin price to recover soon. With binance Fuds or DCG's Fuds we should see a new bottom this year soon.

I don't think we will fall even further at the end of the year, we have seen lowest low already at $15,500 and that will be the bench market for 2022. But I will agree that next year is another bear season for all of us. And with the economic conditions around the world not improving, we might see another lowest low for all we know.

So that $30k for now would look like a dream to us. And so we just have to be very positive that despite being in this kind of situation, we can still recover in 2024, right after the bitcoin block halving as it will be the catalyst for the next bull run. Long way to go but we can start with small steps from next year onwards.

[dunfida]

Bitcoin price is already slide down below 17K below which totally erased those gains from relief last few days. The weekly candle will close again in red which means more red days to come on the following weeks.

I also believe bitcoin will fall even more before the end of the year and the $30k prediction will never come true. Not only the economic situation is still difficult, but even the market is facing a lot of unfavorable information, so it is not possible to expect the bitcoin price to recover soon. With binance Fuds or DCG's Fuds we should see a new bottom this year soon.

I don't think we will fall even further at the end of the year, we have seen lowest low already at $15,500 and that will be the bench market for 2022. But I will agree that next year is another bear season for all of us. And with the economic conditions around the world not improving, we might see another lowest low for all we know.

So that $30k for now would look like a dream to us. And so we just have to be very positive that despite being in this kind of situation, we can still recover in 2024, right after the bitcoin block halving as it will be the catalyst for the next bull run. Long way to go but we can start with small steps from next year onwards.

The target we do mind off is on how to break that 20k resistance until we do able to reach out that $30k.Seems off that it is really a bit further if we do consider that we are needing that 100% increase into its price

which we know that it isnt really something easy to attain considering that there are lots of strong resistance above on the current price level as of this moment.Take a look on what happened on that 17k price point
which it didnt really able to reach out even on breaking that 18k.

This is why its better not to make yourself mind off or in a hurry on reaching up these points but rather be thinking on how you would be accumulating these cheap prices.

[Yatsan]

Bitcoin price is already slide down below 17K below which totally erased those gains from relief last few days. The weekly candle will close again in red which means more red days to come on the following weeks.

I also believe bitcoin will fall even more before the end of the year and the $30k prediction will never come true. Not only the economic situation is still difficult, but even the market is facing a lot of unfavorable information, so it is not possible to expect the bitcoin price to recover soon. With binance Fuds or DCG's Fuds we should see a new bottom this year soon.

I don't think we will fall even further at the end of the year, we have seen lowest low already at $15,500 and that will be the bench market for 2022. But I will agree that next year is another bear season for all of us. And with the economic conditions around the world not improving, we might see another lowest low for all we know.

So that $30k for now would look like a dream to us. And so we just have to be very positive that despite being in this kind of situation, we can still recover in 2024, right after the bitcoin block halving as it will be the catalyst for the next bull run. Long way to go but we can start with small steps from next year onwards.

The target we do mind off is on how to break that 20k resistance until we do able to reach out that $30k.Seems off that it is really a bit further if we do consider that we are needing that 100% increase into its price

which we know that it isnt really something easy to attain considering that there are lots of strong resistance above on the current price level as of this moment.Take a look on what happened on that 17k price point
which it didnt really able to reach out even on breaking that 18k.

This is why its better not to make yourself mind off or in a hurry on reaching up these points but rather be thinking on how you would be accumulating these cheap prices.

At this moment, seeing how the market price struggle is the problem. It is even having a hard time maintaining a $17k market value. So I guess It is still impossible for the price of Bitcoin to reach $30k mark soon. I think it is more likely to go through months before such thing occur or be visible once again in this market situation. If we'd measure tendencies, the biggest chance for a market recivery is on 2024 wherein 2nd bitcoin halving is anticipated to happen. Such event could boost the moral of investors towards this industry. But if there will be sonething having the same possible effect,  price may recover sooner than expected.

[gantez]

If we'd measure tendencies, the biggest chance for a market recivery is on 2024 wherein 2nd bitcoin halving is anticipated to happen. Such event could boost the moral of investors towards this industry. But if there will be sonething having the same possible effect,  price may recover sooner than expected.

The next halving in 2024 will be the fourth for bitcoin. We already have 3rd halving in 2020 and this happen every 4years



Halving have been the time for bull market and this next block splitting is expected to be like that like we have another ATH for bitcoin.

[kamvreto]

Halving have been the time for bull market and this next block splitting is expected to be like that like we have another ATH for bitcoin.

It is everyone's hope that the 4th halving will be the point where the new ATH will be reached. But it will still be a long time, we have to get through 2023 which may be a year of uncertainty about how bitcoin will develop. in 2022 we have gone through many events that made bitcoin crash by more than -70%. today even bitcoin is tackling the $16k area again and will likely be even lower due to lots of FUD circulating.
Don't expect too much from an analyst's prediction because they also don't fully know what will happen. we better believe in what we hold at this time, and of course, bitcoin for the long term is the best investment. and once again we expect a new ATH to be reached before the 4th Halving takes place.

[Newlifebtc]

After retaining a extremely good upswing during the previous day’s trade, the Bitcoin rate corrects itself barely by means of dropping with the aid of more than 4%. While the buying and selling extent remains rather high, the possibility of mounted selling pressure over the token since the early training hours.

BTC Price Prediction

• The bitcoin price prediction by coinpedia is $43,959.19. In contrast, the price of the star crypto could sink to a low of $23,218.00.
• However, a popular crypto analyst, Micheal van de Poppe, in his new video believes that the BTC prices still can reach $30,000 in the near future.
• The BTC price is expected to drop back to the $17,500 and $17,700 range after reaching the monthly highs at $18,000 for 2022 December.

Sources - https://www.youtube.com/watch?v=7u_ylhYcvdA and https://coinpedia.org/price-prediction/bitcoin-price-prediction/

Will BTC close to monthly trade on a bearish note?

I don't like evolving myself into big storm prediction because of times now we predict the prediction for back to us because we are not in Accra at site of ovulation where am I when we are predicting front bitcoin will be going back so that is why I does not admire any prediction from anybody even though you are an expert who predict accurately ambedkar and I cannot accept your prediction that I cannot give you the wrong a prediction of Bitcoin

[Oceat]

The bear market has just started and we already felt what it's like to be in bearish market. It seems like the correction won't stop unless we see a new bottom desired by most investors so that they can buy as much as they can. Bear market plus FUD is a great combo to see who are those weak hands and who are strong enough to hodl and stay patient.

These analyst are just the same as the other speculators we encountered in every price speculation. But believing what they said might cost you something if you tried to get in or risking if you aren't ready enough to risk. These prediction will happen someday but not right now.

[dunfida]

The bear market has just started and we already felt what it's like to be in bearish market. It seems like the correction won't stop unless we see a new bottom desired by most investors so that they can buy as much as they can. Bear market plus FUD is a great combo to see who are those weak hands and who are strong enough to hodl and stay patient.

These analyst are just the same as the other speculators we encountered in every price speculation. But believing what they said might cost you something if you tried to get in or risking if you aren't ready enough to risk. These prediction will happen someday but not right now.

We've been through lots of bearish market situations or conditions on which we've seen the worst specially on that $3k wayback where we do almost believe that it might be going back into those 3 digit prices.

Now the price is playing around 15-17k which it is really hard to determine whether there would be some break out or we would really be moving sideways for how many months until we do make out some

bullish movement.Its really hard to make out some conclusions specially on a market which is really that too unpredictable.$30k is possible but we dont know on when,
there's lots of fears and uncertainties on the market atm.

[Ojima-ojo]

Seems like a pipe dream, but I long for the day that people finally stop taking these aNaLYsTs seriously. They don't know crap — because no one knows crap what's going to happen.

Exactly expecting Bitcoin to move in whatever desirable pattern and given it a speculated timeframe, is like waiting for the coming of Jesus Christ because no one knows when that time will be, so anyone speculating and predicting the piece of Bitcoin is just doing a goes work and wishing for what is not visible but expected.

30k Bitcoin price is still within Bitcoin market reach for short tern prediction but in the same way, a 30k bitcoin price may take some years to be achieved.

[Fundamentals Of]

Not really bearish but not also bullish. I think the month of December and therefore the year 2022 will be closing with Bitcoin less than $20,000.

All those predictions above are probably not happening. Coinpedia's $43,959.19 is impossible within the year already. Even van de Poppe's $30,000 is very hard to happen. Not even $23,218.00 will happen in December. I'm expecting Bitcoin to just maintain within its current price range for the rest of the year. So that's $16,000 - $19,000.

[edward500]

Not really bearish but not also bullish. I think the month of December and therefore the year 2022 will be closing with Bitcoin less than $20,000.

All those predictions above are probably not happening. Coinpedia's $43,959.19 is impossible within the year already. Even van de Poppe's $30,000 is very hard to happen. Not even $23,218.00 will happen in December. I'm expecting Bitcoin to just maintain within its current price range for the rest of the year. So that's $16,000 - $19,000.

I agree with this also, probably 15K to 19K.

The big issue is that the FED is just reducing the money supply, there simply isn't all this money out there flowing around with their quantitative tightening. The money supply is being contracted so much that it really impacts how much money is available to push asset prices higher.

You would then think the world would have some influence, but I think most of the price of bitcoin is because of the USA.

[Lubang Bawah]

We hope that prices can touch $ 30k soon, if prices continue to slow down as it is now certainly makes us worry whether we can rise in a short time or not, even though previously we can rise again but it takes a long time, and most people sometimes can't to wait. And if you can return to the $ 30k level, it certainly makes people more optimistic about the future of Bitcoin.

[iamsange]

We hope that prices can touch $ 30k soon, if prices continue to slow down as it is now certainly makes us worry whether we can rise in a short time or not, even though previously we can rise again but it takes a long time, and most people sometimes can't to wait. And if you can return to the $ 30k level, it certainly makes people more optimistic about the future of Bitcoin.

You are also one of those people who can't wait for an increase in Bitcoin if you keep hoping the price can touch $ 30k in a short time. Because with the decline that has included a very large percentage this year, it is clear that Bitcoin will not immediately touch the price of $ 30K in a short time unless there is a moment or news that can influence investors to continue to buy Bitcoin in large quantities in the market at this time.

[Poker Player]

To be honest, $30k is a long way off. You never know what might happen, but I don't see anything on the horizon that would have raised the price significantly. You have to think that a rise to $30k from the current price is almost 100% upside and neither macroeconomic data nor specific news about Bitcoin or the crypto ecosystem make us think that we can go up so clearly.

I do expect 2023 to be a year with positive returns, but from the current price it's easy.

[gantez]

Halving have been the time for bull market and this next block splitting is expected to be like that like we have another ATH for bitcoin.

It is everyone's hope that the 4th halving will be the point where the new ATH will be reached. But it will still be a long time, we have to get through 2023 which may be a year of uncertainty about how bitcoin will develop. in 2022 we have gone through many events that made bitcoin crash by more than -70%. today even bitcoin is tackling the $16k area again and will likely be even lower due to lots of FUD circulating.

2024 is not a long a time to reach from now that we already closing to 2023. Though bitcoin drop by 70% but still strong the past two months with fud of FTX exchange. The uncertainty that raise in bitcoin adoption or ban coming often but yet bitcoin sustain the heat and moving to next halving.

Don't expect too much from an analyst's prediction because they also don't fully know what will happen. we better believe in what we hold at this time, and of course, bitcoin for the long term is the best investment. and once again we expect a new ATH to be reached before the 4th Halving takes place.

No doubting that bitcoiners know that bitcoin halving is a time for another bull and to reach another Ath so that is standard and happening that way

[Vinaa77]

After retaining a extremely good upswing during the previous day’s trade, the Bitcoin rate corrects itself barely by means of dropping with the aid of more than 4%. While the buying and selling extent remains rather high, the possibility of mounted selling pressure over the token since the early training hours.

BTC Price Prediction

• The bitcoin price prediction by coinpedia is $43,959.19. In contrast, the price of the star crypto could sink to a low of $23,218.00.
• However, a popular crypto analyst, Micheal van de Poppe, in his new video believes that the BTC prices still can reach $30,000 in the near future.
• The BTC price is expected to drop back to the $17,500 and $17,700 range after reaching the monthly highs at $18,000 for 2022 December.

Sources - https://www.youtube.com/watch?v=7u_ylhYcvdA and https://coinpedia.org/price-prediction/bitcoin-price-prediction/

Will BTC close to monthly trade on a bearish note?

Everyone can estimate the price of Bitcoin. Maybe the prediction was based on previous experience, or something happened that made the price pump or dump. But I'm not really sure about the predictions for this year or the next year. Because the stages for the Bitcoin price pump have not been exhausted in two years. I think that initial start will occur in September 2023.

[South Park]

We hope that prices can touch $ 30k soon, if prices continue to slow down as it is now certainly makes us worry whether we can rise in a short time or not, even though previously we can rise again but it takes a long time, and most people sometimes can't to wait. And if you can return to the $ 30k level, it certainly makes people more optimistic about the future of Bitcoin.

You are also one of those people who can't wait for an increase in Bitcoin if you keep hoping the price can touch $ 30k in a short time. Because with the decline that has included a very large percentage this year, it is clear that Bitcoin will not immediately touch the price of $ 30K in a short time unless there is a moment or news that can influence investors to continue to buy Bitcoin in large quantities in the market at this time.

There are many people like that right now, they are expecting that the price of bitcoin presents an important recovery, however this is very unlikely to happen as the conditions are not there for this to happen, now if those people could simply accept they made a mistake when they made their prediction then everything will be fine, but most likely when bitcoin does not reach their predicted price of 30k those people will get incredibly discouraged by it and they could decide to sell their coins for a loss.

[Odusko]

Is this thread actually meant for this moment or a just dreamer paradise statement, bitcoin is way below the $30k price mentioned in the ops, and with the present bear market condition or very hard to see that price in view any time soon.
Predicting 43k and 30k bitcoin price on short term note is definitely the fastest way to get frustrated when the price did not make any attempt to climb to that height, but may be short yes! We can expect such a surge and recovery but we will really be needing some motivation to wait it out all through the time before Bitcoin will recover back to that price.

[Davian144]

Everyone can estimate the price of Bitcoin. Maybe the prediction was based on previous experience, or something happened that made the price pump or dump. But I'm not really sure about the predictions for this year or the next year. Because the stages for the Bitcoin price pump have not been exhausted in two years. I think that initial start will occur in September 2023.

And there is also the possibility that sooner than you expect, that in the next year there are more things that can influence investors to buy more Bitcoin at low prices or before prices get more expensive than they are now. And if you yourself are not so sure about other people's predictions, then why can you be so sure about these early starts in September 2023? Because I also don't think that it's a prelude to an increase in the price of Bitcoin in the next year.

[Quidat]

Everyone can estimate the price of Bitcoin. Maybe the prediction was based on previous experience, or something happened that made the price pump or dump. But I'm not really sure about the predictions for this year or the next year. Because the stages for the Bitcoin price pump have not been exhausted in two years. I think that initial start will occur in September 2023.

And there is also the possibility that sooner than you expect, that in the next year there are more things that can influence investors to buy more Bitcoin at low prices or before prices get more expensive than they are now. And if you yourself are not so sure about other people's predictions, then why can you be so sure about these early starts in September 2023? Because I also don't think that it's a prelude to an increase in the price of Bitcoin in the next year.

The only thing on which we do really believe that this market would be having some positive movement is on the time after the halving event do happens.Yes, we do have those experiences
back in the past on how the market ends up after halving or several months after that.Although, its not not assurance that it would really be having the same behavior or
situation considering that we dont know on what the future brings. Demands could really be totally different this time or would not.
This is why its really hard to make out conclusions on something very unpredictable market that we do have.